On January 27, 2025, the Chairman of the Swiss National Bank, Martin Schlegel, spoke on interest rates and the economic strategy of the bank. He said the SNB doesn't like negative interest rates but cannot rule them out for the future, which is to say cautious as economic conditions change.
Schlegel said there may be months when inflation is negative, but he assures that this is not harmful and will not affect the overall economic plan. His basic focus is on stabilizing prices, which he assured remains the primary goal of the SNB.
There was a slight appreciation in the exchange rate of the Swiss franc and US dollar immediately after the speech by Schlegel. There is an observance on his part on future policy changes coming from the bank. On aggregate, his pronouncement showed commitment to closely monitoring the economic situation but holding dear price stability at the top.


BoE Policymaker Alan Taylor Signals No Need for Interest Rate Hike Amid Iran War Inflation Risks
New Zealand Unemployment and Inflation Debate Intensifies Ahead of 2026 Election
RBI Holds Interest Rates at 5.25%, Cuts India Growth Forecast Amid Rising Global Risks
Trump’s Iran Strategy: What Has Been Achieved After Three Months of Conflict?
South Korea Central Bank Holds Interest Rates Steady Amid Inflation Concerns
Goldman Sachs: US Dollar Likely to Stay Strong Despite Oil Price Retreat
BOJ Rate Hike Expectations Rise as Weak Yen and Strong U.S. Jobs Data Increase Pressure
Taiwan Central Bank Likely to Keep Interest Rates Unchanged Through 2027
Goldman Sachs Sees Fed Holding Interest Rates Steady Until 2027 



